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A dissident group of Yahoo shareholders has started a campaign to sell its shares as a block, breaking ranks with Yahoo as it faces an unsolicited takeover bid from Microsoft.
Some Yahoo Shareholders To Sell Shares To Highest Bidder [iht.com]
Eric Jackson, leader of "Yahoo Plan B," an outspoken group of 100 current and former Yahoo employees who own 2.1 million shares, less than one-fifth of 1 percent of the outstanding shares, said Sunday that his group was prepared to negotiate separately with Microsoft or any other bidder.
That is such a small percentage of shareholders. Who is going to listen to them?
